Amazon moves into P&G warehouses

Amazon.com Inc. has a deal with Procter & Gamble Co., which is letting the Seattle online retailing giant move into some of its warehouses to ship P&G products directly to Amazon customers.

The Wall Street Journal reports Amazon (NASDAQ: AMZN) has been located in at least seven P&G warehouses in the world for three years, including locations in Japan and Germany, to lower its costs and cut shipping time of P&G products to its customers.

The Journal adds that Amazon is planning or already has instituted a similar plan in warehouses of Seventh Generation Inc., Kimberly Clark Corp. and Georgia Pacific Corp.